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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Tim O’Reilly, CEO, O’Reilly Media, argues , “Blitzscaling isn’t really a recipe for success but rather survivorship bias masquerading as a strategy.” Coinvestors: Flexible VC terms have not been standardized, which may make the investment harder to syndicate. Typically promissory note or non-voting common stock, with covenants.

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Unintended Consequences: When SAFE and Convertible Notes Go Awry

Pascal's View

We’ve received numerous constructive comments, both privately and on social media, from attorneys, VCs, and CEOs who are well aware of the problem (including several who are experiencing it in real time). Andrew Krowne and I recently co-wrote an article in Tech Crunch , Why SAFE Notes Are Not Safe for Entrepreneurs. It’s going to be great!”.